SOSiLA Logistics REIT (TSE:2979) Days Payable : 19.35 (As of Nov. 2023)

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What is SOSiLA Logistics REIT Days Payable?

SOSiLA Logistics REIT's average Accounts Payable for the six months ended in Nov. 2023 was 円185 Mil. SOSiLA Logistics REIT's Cost of Goods Sold for the six months ended in Nov. 2023 was 円1,748 Mil. Hence, SOSiLA Logistics REIT's Days Payable for the six months ended in Nov. 2023 was 19.35.

The historical rank and industry rank for SOSiLA Logistics REIT's Days Payable or its related term are showing as below:

TSE:2979' s Days Payable Range Over the Past 10 Years
Min: 20.03 Med: 23.24 Max: 23.67
Current: 20.03

During the past 4 years, SOSiLA Logistics REIT's highest Days Payable was 23.67. The lowest was 20.03. And the median was 23.24.

TSE:2979's Days Payable is ranked worse than
89.62% of 530 companies
in the REITs industry
Industry Median: 125.385 vs TSE:2979: 20.03

SOSiLA Logistics REIT's Days Payable increased from Nov. 2022 (16.47) to Nov. 2023 (19.35). It may suggest that SOSiLA Logistics REIT delayed paying its suppliers.

SOSiLA Logistics REIT Days Payable Historical Data

The historical data trend for SOSiLA Logistics REIT's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SOSiLA Logistics REIT Days Payable Chart

SOSiLA Logistics REIT Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Days Payable

23.67

22.81

SOSiLA Logistics REIT Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Payable	Get a 7-Day Free Trial			17.13	16.16	16.47	18.67	19.35

Competitive Comparison of SOSiLA Logistics REIT's Days Payable

For the REIT - Industrial subindustry, SOSiLA Logistics REIT's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SOSiLA Logistics REIT's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SOSiLA Logistics REIT's Days Payable distribution charts can be found below:

* The bar in red indicates where SOSiLA Logistics REIT's Days Payable falls into.

SOSiLA Logistics REIT Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

SOSiLA Logistics REIT's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

	Days Payable (A: Nov. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2021 )	+	Accounts Payable (A: Nov. 2022 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2022 )	*	Days in Period
=	( (162.887	+	201.577)	/	2 )	/	2915.837	*	365
=	182.232					/	2915.837	*	365
=	22.81

SOSiLA Logistics REIT's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (151.973	+	218.723)	/	2 )	/	1747.993	*	365 / 2
=	185.348					/	1747.993	*	365 / 2
=	19.35

SOSiLA Logistics REIT Days Payable Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN

Website

http://www.sosila.com

SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

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